The Kyoto Bubble Era: Starting from the Sale of Hundreds of Millions of Properties

Chapter 532 It's Too Late
January 1991, 12, 29:7 p.m.

TV Tokyo did not broadcast any anime, but entered the countdown of various programs half an hour in advance.

At 7 o'clock, the first person to appear on the stage was the head of the special search department of the Tokyo Metropolitan Police, Sawamura Ki. After passing an important position, he was finally recruited into the Tokyo Metropolitan Procuratorate, and it took only 12 years to successfully reach the top.

In politics, he is known as a killer lurking in the shadows.

Once they see Ki Sawamura coming to your door, those government officials will know that they are about to die, and even if there are various unwillingnesses, they can only be arrested in the end.

He stood on the podium, slowly opened the thick folder placed on the stage, and began to read with a serious face.

The Tokyo Metropolitan Prosecutors have arrested a total of eight people involved in the case, including the chairman of the Agricultural Federation Association. Opened to the Takeshita family, a total of 40 trillion yen of reserve materials has now mostly flowed into Russia, and only a small part is still in the reserve warehouse. Unfortunately, it has already been exhausted in the previous panic buying turmoil.

That is to say, as a special case, all the reserve materials for emergency use have now been emptied!

"This huge sum of money, totaling 10 trillion yen, was scattered in the hands of eight of them. After review, it was learned that they were all invested in the international market." Sawamura knew about the century-old bet between Takeshita's family and Kitahara Sosuke, and as Takeshita Loyal supporters of the family, the eight members of the Agricultural Federation naturally would not let go of the opportunity to make a fortune, and invested 10 trillion yen cashed out into the Russian battlefield.

The result can be imagined.

The Soviet Union officially disintegrated a few days ago, and the Takeshita family evaporated nearly 80% of their property, unable to repay these shortfalls. The eight people who followed them to bet also lost their money. The entire 10 trillion yen was divided up by international hot money, leaving only 1 Mega reflux, completely unable to make up for the huge losses they caused!
In fact, the intelligence obtained by the investigators is that eight people sold 20 trillion yen of supplies to the Takeshita family, and the remaining 20 trillion yen, of which 10 trillion yen was gradually robbed by the people after the price soared, and the other 10 trillion yen is nowhere to be found.

No matter how they tortured them, the eight of them gritted their teeth, unwilling to tell the whereabouts of the 10 trillion supplies.

With so many things, can't I grow wings and fly away?

Sawamura was very annoyed. It was the first time he encountered such a tough bone after he took charge of the Tokyo District Prosecutor.

For this reason, he personally went off to negotiate with the eight people separately.

Japan has indeed abolished the death penalty, but for such a serious crime, they may make an exception to restart the death penalty. Even if they escaped by luck, they cannot escape life imprisonment.

It is a certainty to eat in prison for the rest of your life.

Now Sawamura gave them a chance to make up for their mistakes.

As long as you explain the whereabouts of the 10 trillion materials and recover them, you can forgive them and intercede for them in the subsequent trial.

After all, the most urgent task is to use materials to solve the domestic turmoil.

The purpose of holding so many press conferences is the same, to stabilize the people, so that we can talk about it later.

Unfortunately, they still refused.

After the dry report was over, the citizens standing in front of the TV were greatly disappointed.

After removing the pile of official-sounding words, they only got three pieces of information.

First, their supplies were used by these people for their own profit, and they were all in short supply!

Second, apart from punishing these sinners, the government has no way to solve the current crisis.

Third, the instigator is the Takeshita family of Noboshi Takeshita.

The country has reached a moment of life and death.

This is their intuitive feeling.

Those who hold power above are corrupt and have no ability to speak of.

The treasury is empty, the granary is empty, external and internal troubles!

Still in the worst of times!

It is clear that the new century is about to enter, and Asia began to take off in the 90s.

Why, as one of the few developed countries in Asia, they have come to such an embarrassing situation?
Sawamura tree couldn't explain the reason, and didn't dare to explain it.

He left the stage sadly, knowing that the press conference had only mediocre effects, but there was only so much he could do at the moment.

"I will step up the review and fill up the short-lived granary as soon as possible!" After bowing, Sawamura stepped down under a mountain of pressure.

Not long after, Ryutaro Hashimoto, the head of the Financial Services Agency, the Minister of Finance, the veteran of the Six Dynasties, and his face full of vicissitudes, stepped onto the podium step by step.

He is a politician with high national recognition, capable, famous, and qualified.

However, starting with Prime Minister Kaifu Toshiki, as the prime minister, he seems to have always been unable to control the domestic economic situation, and has brought the economy to the brink of danger time and time again. Now, the paper can't hold the fire.

Even the aunt in the vegetable market and the cashier in the convenience store know about the explosion of the old ruble.

This wave of serial bombs caused the financial industry to suffer another wave of huge shocks since the bubble burst, and the intensity was even greater. As a result, countless financial institutions went bankrupt.

If it is said that on the eve of the bursting of the bubble, the public was still terrified of the collapse of financial institutions, but now they don't feel much when they hear a sudden declaration of bankruptcy.

My heart is numb.

The money will not be deposited in banks and vaults anyway.

Do not play stocks, do not play futures and foreign exchange.

Nowadays, the assets of many banks are only a pile of rotten real estate. The holders can't afford the high mortgage, so what if they can afford it?
That amount of money is simply not enough for financial institutions to squeeze between their teeth.

Lost money is a giant black hole.

That's more than 100 trillion yen!
The involvement is extensive and extremely rare.

Ryutaro Hashimoto mainly expounded on the recent inspections of many financial industry associations by the prosecutors of the Financial Services Agency.

Almost 50% of financial institutions have been hit by the old ruble turmoil, including Sumitomo Bank, Tokyo Industrial Bank, Fuji Bank and other banking giants.

"According to the latest statistics, as of December 1991, 12, a total of 29 banks, 36 credit unions, and 127 financial institutions declared bankruptcy. Of all the remaining financial institutions, the only one that has not suffered heavy losses is"

Looking at the A4 paper in his hand, Hashimoto Ryutaro took a deep breath, paused,

"Beiyuan Shenlang Credit Bank."

"According to the previous plan of the Tokyo Kyodo Bank, the old ruble has a deficit of nearly 100 trillion yen, which will be rescued by the Bank of Japan and the Financial Services Agency with some banks that still have enough capacity."

The reporters below gasped when they heard such astonishing figures.

At the same time, countless people realized that this time, the government did not hide anything.

This is real data.

This also means that the government hopes to use these press conferences to stabilize the people!

A dark cloud hangs over Tokyo.

"Minister Hashimoto, I have a question."

A reporter raised his hand, it was Saito Tatsuya from Kitahara TV.

(End of this chapter)